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  June 28th, 2023 | Written by

U.S. Scent Spray Import Rises to $12M in April 2023

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 U.S. Scent Spray Imports

In April 2023, imports of scent sprays into the United States skyrocketed to 1.1K tons, with an increase of 39% against the previous month’s figure. In general, total imports indicated a modest expansion from April 2022 to April 2023: its volume increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports increased by +39.0% against March 2023 indices. The growth pace was the most rapid in December 2022 when imports increased by 68% against the previous month.

In value terms, scent spray imports reached $12M (IndexBox estimates) in April 2023. Over the period under review, total imports indicated a modest increase from April 2022 to April 2023: its value increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports increased by +10.8% against February 2023 indices. The pace of growth was the most pronounced in December 2022 when imports increased by 40% against the previous month.

Imports by Country

In April 2023, China (871 tons) constituted the largest scent spray supplier to the United States, with a 79% share of total imports. Moreover, scent spray imports from China exceeded the figures recorded by the second-largest supplier, Mexico (170 tons), fivefold. The third position in this ranking was held by France (27 tons), with a 2.4% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from China totaled +3.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-2.9% per month) and France (-7.5% per month). \

In value terms, China ($7.8M) constituted the largest supplier of scent spray to the United States, comprising 64% of total imports. The second position in the ranking was held by France ($1.6M), with a 13% share of total imports. It was followed by Mexico, with a 12% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value from China amounted to +3.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+3.2% per month) and Mexico (-2.9% per month).

Import Prices by Country

In April 2023, the scent spray price stood at $11,143 per ton (CIF, US), declining by -22.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 32% month-to-month. As a result, import price reached the peak level of $15,898 per ton. From February 2023 to April 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was France ($59,343 per ton), while the price for Mexico ($8,727 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform